Martin Marietta veteran Zais named Burnco Rock CEO

Sources: Burnco Rock Products Ltd., Calgary; CP staff Burnco Rock Products has appointed Tom Zais as chief executive officer, responsible for ready mixed concrete and aggregate businesses in Alberta, Colorado and Texas. He arrives from Martin Marietta Materials, where he served as Texas-based regional vice president – Ready Mix. That position followed vice president and general manager roles with Texas…

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How the Pandemic Changed Ready-Mix: A Look Back

BY VICTORIA K. SICARAS Although not completely on the other side of the pandemic, we each have our own set of lessons learned since March 2020. Like many in the ready-mix industry, the Martin Marietta Rocky Mountain Ready Mix District’s journey to a new normal began when office employees faced a transition from working on premises to working at home, virtually…

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Vulcan dives deep into ready mixed with U.S. Concrete deal

Sources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff Vulcan Materials and U.S. Concrete have entered into a definitive merger agreement projected to close the second half of 2021. The former will acquire all U.S. Concrete common stock for $74 in cash, representing a total equity value of just under $1.3 billion. The agreement sets the stage for…

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Martin Marietta blazes Pacific trail in Lehigh Hanson West deal

Sources: Martin Marietta Materials, Raleigh, N.C.; HeidelbergCement AG, Germany; CP staff Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson West Region operations in Arizona, California, Nevada and Oregon. Anchoring the asset package are the Lehigh Cement Redding and Tehachapi, Calif. plants, with combined annual capacity upward of…

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Transportation funding ballot measures prevail coast to coast

Voters in 18 states approved a record 94 percent of state and local ballot initiatives on Election Day 2020, providing an additional $14 billion in one-time or recurring revenue for transportation improvements throughout the country. The American Road & Transportation Builders Association Transportation Investment Advocacy Center finds that voters approved 303 of 322 initiatives before them on November 3—the highest…

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Former DOT chief Foxx named Martin Marietta director

Source: Martin Marietta Materials Inc., Raleigh, N.C. Anthony Foxx, who was approved in 100-0 U.S. Senate vote to serve as Department of Transportation Secretary throughout President Obama’s second term (2013-2017), has joined the 11-member Martin Marietta Board and its Finance Committee. A single term (2009-2013) as Charlotte, N.C. mayor propelled Foxx to national public and private sector roles.

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Vulcan, Martin Marietta pace $5 billion milestone neck-and-neck

Sources: Martin Marietta Materials, Raleigh, N.C.; Vulcan Materials, Birmingham, Ala.; CP staff

Consistent with recent years’ near-equal financials, sand & gravel and crushed stone top guns Vulcan Materials and Martin Marietta Materials report respective 2019 sales of $4.9 billion and $4.74 billion, and adjusted earnings before interest, taxes, depreciation and amortization of $1.27 billion and $1.25 billion. 

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PRODUCERS – AUGUST 2019

D. Michael Wilson, president and chief executive officer of specialty chemicals and high performance carbon materials specialist Ingevity Corp., has been elected to the Vulcan Materials Co. board, and will serve on the Audit and Safety, Health and Environmental Affairs Committees.

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